Executive Mosaic is pleased to introduce Matt Desch, CEO of Iridium Communications, as an inductee into the 2021 edition of the Wash100, for stewarding the company through the launch of its broadband service upgrade, satellite cloud-based offering for internet of things and maritime emergency response system. This marks Desch's seventh consecutive Wash100 Award.More
Iridium has announced its second quarter 2020 financial results on Tuesday, reporting a net loss of $12.4 million, compared to net loss of $18.1 million for the second quarter of 2019. The company's operational EBITDA for the second quarter was $85.3 million, compared to $85.1 million for the prior-year period.More
Matt Desch, CEO of Iridium Communications and a 2019 Wash100 award recipient, told Bloomberg in an audio interview posted Tuesday about the company's use of SpaceX-built rockets and the role of the private sector in space exploration. He said SpaceX and other launch service providers have helped drive down the cost for a lot of satellite suppliers.More
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